“Maybe You Can Reverse Brexit” – Jamie Dimon Chimes In On How To Ignore The Voters

Brexit-ers won’t be inviting Jamie in for tea any time soon.

justiceleague00's avatarJustice League

You can’t fix stupid. No, Jamie, you can’t reverse the Brexit!

 Zerohedge:

Dimon’s next comment, as reported by Bloomberg, is the key – Dimon was discussing the results of Brexit and specifically the use of the “passport rule” which currently enables companies with operations in the UK to sell their services to the other 27 nations in the bloc. If the UK can’t win continued use of the passport rule, Dimon said he would be “forced” to consider shifting his 16,000 UK-based staff…

“If we have that passport after Brexit, we likely would not have to make any change at all. But I think the European Union will not accept that. It will put more conditions on the UK and might force banks to become smaller in London.”

However that wasn’t the end, that was actually Dimon setting himself up for this amazing comment – suggesting that Brexit…

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David Dayen: Mortgage Companies Seek Time Travelers to Find Missing Documents

CoreLogic is full of baloney. The foreclosure crisis started before Lehman died…and there were over 14 million foreclosures by 2010. Think about the numbers. By 2009 the banks’ PR was being released in percentages. MERS depos talk about 72 million MERS mortgages. Another 20-30 million were no MERS. Figure roughly 100 million homeowners were scammed and on the way to the foreclosure slaughter. 6.2 million, baugh humbug! Way low. Maybe in 2009 alone – or they got it confused with jobs lost…

Story of our American National Anthem – Celebrate Our Independence on the 4th of July!

Thank you Officer John Majka for posting this awesome video. May this video live on and be shared forever. Have a safe and outstanding 4th of July 2016 …and beyond!

Published on Aug 4, 2014
This is a repost of a video from Facebook with credit to the original post author and his comments below.

Here is a video I produced several years ago that tells the true story of our National Anthem. I GUARANTEE you, if you watch this video, you will never think of our National Anthem in the same way again. May God bless America on our Independence Day!
By Robert Surgenor

BofA, Citi, Others Hit With Singapore Rate-Rigging Suit

justiceleague00's avatarJustice League

Law360, New York (July 1, 2016, 11:00 PM ET) — Citibank NA, Bank of America and dozens of other financial institutions were hit with a putative class action in New York federal court Friday by investors alleging a “massive conspiracy” to rig the prices of financial derivatives linked to Singapore’s benchmark interest rates.

The suit filed Friday by FrontPoint Asian Event Driven Fund and Sonterra Capital Master Fund stems from an investigation by the Monetary Authority of Singapore that found that 133 traders at 20 banks around the globe had attempted to manipulate submissions used to…

Source: Law360

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One American’s True Story: “How I Went From Middle Class To Homeless”

https://deadlyclear.wordpress.com/2012/02/08/a-leopard-doesnt-change-its-spots-dont-expect-wall-street-banks-to/

Too bad the politicians don’t understand that construction, construction manufacturing, housing and labor were 2 big fat tires on the old truck of the economy that have been flatten by the corruption of the Wall Street securitization Ponzi scheme and melted our economy. The truck isn’t going to be moving anytime soon because when the tires blew out it took with it an entire generation of construction companies and workers who were headed for retirement… Retirement – that’s a joke, yeah?

https://deadlyclear.wordpress.com/2012/08/13/how-far-from-the-truth-will-they-venture-to-go/

justiceleague00's avatarJustice League

Read more from Zerohedge. Click here.

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David Dayen: The Foreclosure Sleuth

Coinciding with the discoveries in Florida, on the other side of the continental US in Oregon, was an even deeper intellectual find. Obsessed with his own loan misrepresentation, architect Ken Dost dug down into the foundation of the scheme and discovered the USPTO patents for the software systems, trademark assignments and virtually built out the system with the banksters own paperwork. As if to make the “new” securitization process legal – the banks patented every single move from solicitation to REO and beyond. Ken could easily see the “intent” to defraud from the structure of the patents. No one else had the time or inclination to read 20 years of patent works, but Ken diligently hammered away linking every source and every step. He could see when the software systems were “relaxed” to enable “no doc” loans. Ken could also see that fraud detection was built in early-on into the patented systems but rarely used by the banks – moreover, it was [intentionally] ignored. Ken’s rabbit hole is more complex but it is essential to the overall system of fraud.

Merrill Lynch Whistleblowers Who Sold Clients Notes That Lost 95% And Then Moved To UBS Took Out Some Insurance First (Recorded Incriminating Calls With A Superior)

justiceleague00's avatarJustice League

Deal Breaker:

Have you recently sold a product to clients that basically lost all of its value? Do you want to do something to help your investors but have received some pushback from management? Consider taking the following steps:

  • Get your boss on the phone and get him talking about how he knows the investment is a real dog but doesn’t want to make a big deal of it; have a recording device secretly running the whole time
  • Secure a gig at another bank
  • Once you’ve settled in at the new shop, file a whistleblower complaint against your former employer
  • Profit!

The Securities and Exchange Commission is preparing a civil enforcement case against Merrill Lynch over an investment that fell as much as 95% in value and was marketed in a way that one of the firm’s financial advisers called “borderline crooked,” people close to the probe said…With clients complaining after…

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